who has a comparative advantage (ca) in making tables? choose your answer from one of the following two, and write that in the answer space. frank has a ca in making tables. jim has a ca in making tables.

Answers

Answer 1

Option a: the answer is "Frank has a CA in making tables." about comparative advantage.

Comparative advantage is the capacity of a person to produce a particular product or service at a lesser opportunity cost than another person. The person who has the lower opportunity cost of creating a specific product or service has a comparative advantage in the production of that product or service.

In this case, we have two individuals named Frank and Jim. In comparison to Jim, Frank can produce tables with a lower opportunity cost, which means that Frank has a comparative advantage (CA) in making tables. Therefore, the answer is "Frank has a CA in making tables."

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Complete question:

Who has a comparative advantage (ca) in making tables? choose your answer from one of the following two, and write that in the answer space.

frank has a ca in making tables.

jim has a ca in making tables.


Related Questions

a south american nation imposes an ad valorem tariff of 10 percent on 1 million tons of wheat imports, after which an out-of-quota tariff of 80 percent is applied. what trade policy instrument is this nation using?

Answers

Prior to being subjected to a 70 % of total out-of-quota duty, one millions of tons of wheat are liable for a ten percent ad valorem levy. What trade policy instrument

What does "percent" actually mean?

In essence, % refers to the ratio of any number to a full value divided by 100. The symbol used to denote percent is "%". Let's look at how % values are calculated. A percentage is a number or ratio that is expressed as a proportion of 100. The percentage symbol "%" is used to denote it.

How does one calculate a percentage?

Find the percentage or compute it using the point frequency and percent data. Use percent formulas to solve equations with unknown percentages and factors. Answer the equations, or increase or decrease a number by a percentage. There are many formulas for percentage problems. The most straightforward formula is X/Y Corresponds P x 100.

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What levels of risk does investing in the stock generally carry
medium
medium, high,
low, high
or low?

Answers

Low, high  levels of risk does investing in the stock generally carry. Over the long term, stocks have the highest potential for growth for investors. Investors who have chosen to hold onto stocks for an extended length of time—say let's 15 years.

Typically been rewarded with robust, profitable returns. Utilize your associated banking account to open a risk and trading account. Access that trading account. Choose the shares you want to purchase or sell. Make sure you have the necessary investing funds in your account to purchase the shares stocks. taking dividends in— Many stocks distribute dividends, which are based on the company's earnings per share.

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1. The economic system that is most indicative of Capitalism is known as a: 1 point
a. Command Economy
b. Free Market
c. Mixed Economy
d. Fascism

Answers

b. Free Market is most indicative of Capitalism

Answer:

b

Explanation:

red when choosing a form of ownership
o
Read the scenario below and answer the questions that follow
SHINING STAR BUS COMPANY (PTY) Ltd
Shining Star Bus Company (Pty) Ltd transport passengers to different provinces at a
reasonable price. The management of the company wants to convert the company into a
company that will allow them to sell shares to the public through the Johannesburg
Security Exchange(JSE).
1.6.1 Identify TWO forms of ownership that are represented by the scenario above
Motivate your answer by quoting from the scenario.​

Answers

Answer:

see below

Explanation:

1. Private Limited Company

A private limited company is an acknowledged legal entity whose shares are held privately by the founders. The shareholders are the owners. They are not allowed to trade their shares to the public through the security exchange. SHINING STAR BUS COMPANY (PTY) Ltd is currently a limited private company.  Transfer of shares has to be between the existing shareholders, the bus company, and requires authorization. The shareholders have limited liability to the company's debts and are entitled to a share in the company profits.

2. Public Limited Company

A public limited company is recognized as a legal and separate entity from its owners. Unlike a private limited company, the shares of a public limited company are traded in the security exchange markets. It means ownership of a public company is open to the public. The management of SHINING STAR BUS COMPANY (PTY) Ltd wants to convert it to a public limited company. After the conversion, its shares will be traded at the Johannesburg Security Exchange(JSE).

Do you have to go to college? or can you go straight to the university?

Answers

Explanation:

continue go to college

What is the difference between a job and a profession?
O A job is the work you do and a profession includes the environment you work is
O A job is the work you do and a profession includes your career field
O A job is your career field and a profession includes your work environment
O A job is the environment you work in and a profession includes the work you do

Answers

B - because a job is the work you do and a profession includes the career field.

Answer:

O A job is the work you do and a profession includes your career field

Explanation:

Which of the following choices is not a step that can reduce your spending?
a.
eating at home, rather than dining out
b. using budgeted cash only
c. forgoing premium cable TV channels
d. purchasing reduced fat lattes during the week

Answers

the answer is d) purchasing reduced fat lattes during the week

Out of the given options, you won't reduce your spending by d. purchasing reduced fat lattes during the week.

How can we reduce spending?

The best way to reduce spending is by spending less on things that we don't need or that we can do without.

In this case, spending on fat lattes won't be a way to reduce spending because they aren't very significant.

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PLS HELP…… What is the difference between a charge card and a credit card?
O A charge card is paid off each month while a credit card has a revolving credit line.
O A charge card is issued by a bank while a credit card is issued by a merchant.
O A charge card has a revolving line of credit while a credit card is paid off each month.
O A charge card has zero interest while a credit card has a high interest

Answers

A.

Charge cards are paid in full every month, while a credit card can carry over a balance from month-to-month to a certain limit.

A charge card is paid off each month while a credit card has a revolving credit line is the difference between a charge card and a credit card. Thus, option (a) is correct.

What is credit card?

A credit card is a payment card was the issued by the financial institutions. It was the provided of the customers to borrow funds, and the pre-approved credit limit. It was the provided the facilities such as purchases, balance transfers and the other things.

According to the main difference between the charge card is paid off each month. On the another hand was the credit card has a revolving credit line. It was the pay of the purchase of the goods and the services. It was the paid by the card issuer.

As a result, the significance of the charge card and a credit card are the aforementioned. Therefore, option (a) is correct.

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Assume that the oil extraction company needs to extract Q units of oil (a depletable resource) reserve between two periods in a dynamically efficient manner. What should be a maximum amount of Q so that the entire oil reserve is extracted only during the 1st period if (a) the marginal willingness to pay for oil in each period is given by P = 26 - 0.5q, (b) marginal cost of extraction is constant at $3 per unit, and (c) discount rate is 1%?

Answers

To determine the maximum amount of oil reserve, Q, that should be extracted only during the 1st period, we need to compare the marginal cost of extraction with the marginal willingness to pay for oil in each period.

(a) The marginal willingness to pay for oil in each period is given by P = 26 - 0.5q, where q represents the quantity of oil extracted in each period.

(b) The marginal cost of extraction is constant at $3 per unit.

(c) The discount rate is 1%.

We want to maximize the total present value of revenue from oil extraction. The present value of revenue can be calculated using the formula:

PV = Σ [(P - MC) / (1 + r)^t],

where PV is the present value of revenue, P is the price per unit, MC is the marginal cost per unit, r is the discount rate, and t is the time period.

Since the marginal cost of extraction is constant at $3 per unit, MC = $3.

Using the formula for marginal willingness to pay, we have P = 26 - 0.5q.

Substituting the values into the present value formula, we get:

PV = Σ [(26 - 0.5q - 3) / (1 + 0.01)^t],

where the summation is taken over the 1st period.

To maximize PV, we want to extract the maximum amount of oil reserve, Q, only during the 1st period. This means the summation will include all values of q from 0 to Q.

To find the maximum value of Q, we need to determine the point at which extracting any additional unit of oil in the 1st period would result in a lower present value.

Therefore, we need to find the value of Q where the marginal willingness to pay, 26 - 0.5Q, is equal to the marginal cost, $3.

26 - 0.5Q = 3,

Solving for Q:

0.5Q = 23,

Q = 46.

Hence, the maximum amount of oil reserve, Q, that should be extracted only during the 1st period is 46 units.

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3 / 11 100% 6. (2 marks) Which of the following best describes the Consumer Price Index? a. The average of price of consumption goods in a given year. b. The cost of a basket of goods of an average consumer in base year prices. c. The difference in average expenditure of consumers between base year and current year. d. The cost of buying a fixed basket of goods in the current year relative to the cost of the basket in base year. e. All of these describe the CPI 2 Student Name: Student ID: 7. (2 marks) Long periods of structural unemployment can discourage workers from actively searching for jobs. If this is the case, we should expect: a. The unemployment rate to increase. b. The labor force participation rate to decrease. c. The natural rate of unemployment to decrease. d. The working-age population to decrease. e. The cyclical unemployment rate to increase. 8. (2 marks) Which of the statements below about GDP accounting is FALSE? a. Unemployment benefits are not considered government purchases G. b. A domestic resident's spending on an imported car is considered consumption C. c. A domestic resident's spending on a foreign firm's shares is considered imports M. d. Goods produced domestically this year but not sold this year are counted in GDP this year. e. None of these statements are FALSE

Answers

The option which best describes "Consumer-Price-Index" is : (d) The cost of buying fixed basket of goods in current year relative to cost of basket in base year.

The Consumer-Price-Index (CPI) is best described as the cost of buying a fixed basket of goods in the current year relative to the cost of the same basket in the base year.

It measures the changes in the average price level of goods and services consumed by households over time. The CPI serves as a key indicator of inflation and is widely used to track changes in purchasing power.

It captures price movements across various categories such as food, housing, transportation, and healthcare.

Therefore, the correct option is (d).

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The given question is incomplete, the complete question is

Which of the following best describes the Consumer Price Index?

(a) The average of price of consumption goods in given year.

(b) The cost of a basket of goods of an average consumer in base year prices.

(c) The difference in average expenditure of consumers between base year and current year.

(d) The cost of buying a fixed basket of goods in current year relative to cost of basket in base year.

(e) All of these describe the CPI.

Image transcription textCOTB MC Qu. 5-56 (Algo) Assume the following information:
Assume the following information:
Amount
Per Unit
Sales
$ 300, 000
$ 40
Variable expenses
120 , 000
16
Contribution margin
180 , 000
$ 24
Fixed expenses
65, 000
Net operating income
$ 115, 000
If the variable expenses increase by $1 per unit, the advertising expenditures increase by $15,000, and unit sales increase by 5%, then the best of
estimate of the new net operating income is:... Show more 

Answers

The best estimate of the new net operating income is $101,125. The new net operating income can be estimated by considering the changes in variable expenses, advertising expenditures, and unit sales.

First, let's calculate the change in variable expenses. Since the variable expenses increase by $1 per unit and the unit sales increase by 5%, we can find the new variable expenses by multiplying the original variable expenses per unit by the new unit sales quantity. The original variable expenses per unit is $16, so the new variable expenses would be $16 + $1 = $17 per unit. Since the original unit sales are $300,000 / $40 = 7,500 units, the new unit sales would be 7,500 units + 5% (7,500 units) = 7,875 units. Therefore, the new variable expenses would be $17 × 7,875 units = $133,875.

Next, the advertising expenditures increase by $15,000, so we add this amount to the fixed expenses, resulting in $65,000 + $15,000 = $80,000 in fixed expenses.

To calculate the new net operating income, we subtract the new variable expenses and fixed expenses from the new sales revenue. The new sales revenue is $40 × 7,875 units = $315,000. Subtracting the new variable expenses ($133,875) and fixed expenses ($80,000) from the new sales revenue gives us $315,000 - $133,875 - $80,000 = $101,125.

Therefore, the best estimate of the new net operating income is $101,125.

In summary, if the variable expenses increase by $1 per unit, advertising expenditures increase by $15,000, and unit sales increase by 5%, the best estimate of the new net operating income is $101,125.

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Which of the following is not the process of financial management? A Evaluating financial status B Setting goals C Record monthly expenses D Creating financial plan​

Answers

Answer:

C) Record monthly expenses

Explanation:

which task is carried out by book keeping

Answers

Answer:

Explanation:

Invoices and unpaid bills are one of the most important responsibilities of the bookkeeper. A bookkeeper who fails to keep an account of the money flowing into and out of the business, for instance, makes it all too easy to spend money that isn't there.

Management control includes all of the following steps except.

Answers

Management control includes all of the following steps except A: revising budgets.

After strategies are set and plans are created, management’s basic task is to take steps to ensure that these created plans are carried out. This is the vital control function of management. And since management comprises directing the activities of others, a primary part of the control function is making sure other employees do what they are intended to do. Management control is implemented in order to guard against undesirable actions and encourage desirable actions.

"

Complete question:

Management control includes all of the following steps except A: revising budgets.

a. Revising budgets.

b. Schedule staffing.

c. Delegate work.

d. Monitor progress.

"

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A production possibilities curve that is concave to the origin (bowed out) implies that as more of a good is produced, the opportunity cost A. decreases B. remains constant C. increases D. increases at first and then decreases Capital Goods Origin Consumer Goods

Answers

The correct answer is C. A production possibility curve that is concave to the origin (bowed out) implies that as more of a good is produced, the opportunity cost increases.

A production possibilities curve that is concave to the origin (bowed out) implies that as more of a good is produced, the opportunity cost increases. This is because resources are not equally efficient in producing different goods, so as more of a good is produced, resources that are less well-suited for producing that good must be used, resulting in a higher opportunity cost.

Therefore, the production possibilities curve shows that to produce more of one good, society must give up an increasing amount of the other good. This is true whether the goods being produced are capital goods or consumer goods.

This is because resources are not equally efficient in producing different goods, and as more resources are allocated to one good, the opportunity cost of producing additional units of that good increases. The shape of the curve reflects the increasing opportunity cost.

This concept is often illustrated with a production possibility curve that shows the trade-off between producing capital goods (used to produce other goods) and consumer goods (goods for immediate consumption). As more capital goods are produced, the opportunity cost of producing additional units of consumer goods increases, and vice versa.

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A 10 ounce cup of coffee has a hydrogen ion concentration of 1.6 x 10-5 m. what is the ph of the coffee?

Answers

The pH of the coffee can be calculated using the formula pH = -log[H+]. In this case, the hydrogen ion concentration is 1.6 x 10-5 m. Therefore, we can substitute this value in the formula to get pH = -log(1.6 x 10-5) = 4.80. So, the pH of the coffee is 4.80.

We can also explain the concept of pH and how it relates to the concentration of hydrogen ions. pH is a measure of the acidity or basicity of a solution and is defined as the negative logarithm (base 10) of the hydrogen ion concentration in moles per liter (molarity). In other words, it is a measure of the concentration of hydrogen ions in a solution.
The pH scale ranges from 0 to 14, where 0 is the most acidic, 7 is neutral, and 14 is the most basic. As the hydrogen ion concentration increases, the pH decreases and the solution becomes more acidic. Conversely, as the hydrogen ion concentration decreases, the pH increases and the solution becomes more basic.
In the case of the 10 ounce cup of coffee, the hydrogen ion concentration is 1.6 x 10-5 m, which is relatively low. Therefore, the pH of the coffee is slightly acidic, with a value of 4.80. This is a common pH range for coffee, which is typically slightly acidic due to the presence of organic acids like chlorogenic acid and quinic acid.

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In a set of 100 ACT scores that are normally distributed and with a mean of 23 and standard deviation of 4.69, a. How many scores are expected to be lower than 18.31 (one standard deviation below the mean)? B. How many of the 100 scores are expected to be below 32.38 (two standard deviations above the mean)?

Answers

Answer:

A) 16 scores

B) 98 scores

Explanation:

if we look at a normal distribution table, 50% + 34.13% of all scores will be greater than 18.31 (one standard deviation)

this means that 84.13% or 84 scores will be higher than 18.31, so 100 - 84 = 16 scores will be lower than 18.31

we follow a similar procedure for 2 standard deviations, where 50% + 47.72% of the scores will be lower than 32.38 (the other side of the bell curve)

this means that 97.72% or 98 scores will be lower than 32.38

how does a shop owner add value to their business

Answers

Answer:

A shop owner adds value to their business by conducting all major monetary transactions for his company.

Explanation:

Answer:

Customer engagement.

Community.

Thank you cards.

Membership.

Convenience without a compromise.

Have a cause.

Explanation:

According to the video, Industrial Production Managers need which qualities? Check all that apply.

willingness to travel frequently
ability to lift heavy objects
ambition to own a company
ability to handle stress
desire for responsibility
relationships with news media

Answers

Answer: ability to handle stress

desire for responsibility

Explanation:

Industrial production managers are the individuals who oversee the daily operations of the plants in an organization.

They are responsible for the coordination, and the planning of the activities that are used in the creation of different goods.

According to the video, the qualities needed by Industrial Production Managers include the ability to handle stress and the desire for responsibility.

Answer: It is D and E

f Carlin can afford $350 per month, she could have just bought a more expensive house ($94,000 -- one of the nicest houses in her neighborhood!). Do you think she should pay off an expensive house in 30 years? Or, should she pay off a cheaper house in less time with less interest? Explain why you feel that way. How much total interest will she pay over the course of the mortgage for this house?

Answers

Answer:   she should buy the cheaper house with interest because even with interest its still prob cheaper and you didnt give the interest amount

Explanation:

3
Select the correct answer.
Which is true when you rent?
O A.
B.
C.
You build equity in your house.
You are responsible for any repairs.
You pay fewer up-front costs.

Answers

Answer:

A

Explanation: A because when you do repairs you give the goverment money

what political candidates, artists, ballplayers, etc do food truck owner use​

Answers

Food truck owners may choose to use the names, images, or slogans of popular political candidates, artists, ballplayers, or other celebrities as part of their marketing strategy to attract customers.

what political candidates, artists, ballplayers, etc do food truck owner use​

For example, a food truck owner might name a particular dish after a famous athlete, or use an image of a popular musician on their truck to create brand recognition. However, it's important to note that the use of such names, images, or slogans may be subject to trademark and copyright laws, and could potentially lead to legal issues if not used appropriately.

Additionally, some customers may have strong opinions or feelings about certain celebrities or political figures, and using their names or images could potentially alienate or offend certain segments of the population.

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Name the choreographic element that encourages dancers to rely on musical cues, visual connections, and emotional phrasing.

Answers

The choreographic element that encourages dancers to rely on musical cues, visual connections, and emotional phrasing includes the time, energy, and space

What is the meaning of Choreography?

In art, a choreography means the way in which an idea is expressed physically through dance. When developing this concept, the users usually relies on important principles of organization to ensure that the idea takes a clear, appropriate, and aesthetically pleasing form.

These are principles that comprises the basic ingredients for the dancers' movements and patterns and help the choreographer utilize space, express intention and the music, and organize the dancers.

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with crises caused by macroeconomic imbalances, group of answer choices it is usually difficult to avoid a recession. expansionary policies can be used to correct the crisis. austerity programs are not needed. the money supply should be increased.

Answers

With crises caused by macroeconomic imbalances, it is usually difficult to avoid a recession. However, expansionary policies can be used to correct the crisis.

Macroeconomic imbalances, such as large trade deficits, unsustainable levels of public or private debt, and asset bubbles, can create economic instability and lead to crises that can be difficult to avoid. In some cases, a recession may be necessary to correct these imbalances and restore economic stability.

However, governments can use expansionary policies, such as fiscal stimulus and monetary policy, to try to mitigate the severity of the recession and speed up the recovery process. For example, fiscal stimulus measures such as increased government spending or tax cuts can increase aggregate demand and help to stimulate economic growth. Similarly, monetary policy measures such as lowering interest rates or increasing the money supply can also help to stimulate economic activity.

Austerity programs, which involve cutting government spending and reducing public debt, may not always be necessary or effective in correcting macroeconomic imbalances. In fact, in some cases, austerity measures can worsen the economic downturn by reducing aggregate demand and slowing down the recovery process.

In summary, it is often difficult to avoid a recession caused by macroeconomic imbalances, but expansionary policies can be used to mitigate the severity of the recession and speed up the recovery process. Austerity programs may not always be necessary or effective in correcting these imbalances.

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ABC purchased a machine on Jan 1, 2025 for $56606 with an estimated useful life of 14 years and no salvage value ABC uses the straight line depreciation method On Jan 1, 2027 ABC estimates the machine will have a remaining useful life of 8 years a. The carrying value of the machine on 2027 is: b. Depreciation expense for 2027 is:

Answers

Given: The cost of the machine on January 1, 2025, is $56606 with an estimated useful life of 14 years and no salvage value. ABC uses the straight-line depreciation method. On January 1, 2027, ABC estimates the machine will have a remaining useful life of 8 years.

Solution:

a) To calculate the carrying value of the machine in 2027, we will have to find the depreciation expense from 2025 to 2027, which is the difference between the cost and the estimated salvage value. Here, the estimated salvage value is 0.Using the straight-line depreciation method, the depreciation expense will be Cost - Salvage value / Useful life Depreciation expense per year = ($56,606 - $0) / 14= $4,043.29 per year The depreciation expense for the year 2025 and 2026 will be Depreciation expense in 2025 = $4,043.29Depreciation expense in 2026 = $4,043.29 Carrying value of the machine on Jan 1, 2027Accumulated depreciation till Dec 31, 2026 = $4,043.29 × 2= $8,086.58Carrying value on Jan 1, 2027 = Cost of the machine - Accumulated depreciation till Dec 31, 2026= $56,606 - $8,086.58= $48,519.42Therefore, the carrying value of the machine on January 1, 2027 is $48,519.42.

b) Depreciation expense for 2027 Depreciation expense per year = ($56,606 - $0) / 14= $4,043.29 per year Depreciation expense in 2027 = $4,043.29 × 8= $32,346.32Therefore, the Depreciation expense for 2027 is $32,346.32.

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what type of listing is typically used when the broker may want to purchase the property?

Answers

A pocket listing is typically used when the broker may want to purchase the property.

A pocket listing is a type of real estate listing that is not marketed to the public or entered into the multiple listing service (MLS). Instead, it is kept "in the pocket" of the listing broker, who shares the information about the property only with select potential buyers or other brokers who may have clients interested in the property. This type of listing is often used when the broker has a potential buyer in mind, or when the seller wants to keep the sale private or exclusive. It can also be used when the broker is interested in purchasing the property themselves, as it allows them to keep the listing off the open market and potentially acquire the property at a lower price.

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Define ''limited in stock''

Answers

Answer:

Explanation:

it means that the product wont be around aymore since its limited to retailer?

Netflix’s Latest Pivot
Netflix success is largely attributed to the company’s ability to pivot their business model. The first
pivot was when the company shifted their DVD home delivery service to becoming the leading online
streaming platform. More recently, the second pivot was in response to the inherent risk of being a
content distribution platform: content producers could refuse to deliver their content via Netflix
(Disney, Paramount, etc.). Netflix response was to become a content creation business themselves1.
Both pivots were successfully landed, providing Netflix with a sustained increase in subscriptions. The
company’s reflexes are now being put to the test once again, this time as a more mature business.
In the first quarter of 2022, Netflix lost subscribers for the first time in 10 years. The drop came after
the growth experienced throughout the pandemic, gaining millions of users per quarter through 2021.
The decline in number of subscribers adds to the trouble the company faces because of the large
number of households sharing their accounts with families and friends. In response, Netflix began
experimenting with a feature that monitors whether someone accesses an account from outside the
home and offers the ability to raise the price by adding 'sub-accounts' for other people.
During the Q1 2022 earnings call, Netflix’s management unveiled that they were considering rolling
out an ad-supported tier to re-ignite subscription growth - especially in UCAN (USA and Canada). The
market feels much more penetrated given the COVID pulled-forward bump2. Instead of paying the full
subscription, Netflix will offer the possibility of paying less in exchange for watching ads, thus
eliminating one of the great advantages of the streaming service over traditional television. The
timeline to introduce this new subscription tier has been brought forward a couple of times.
Netflix is the most expensive streaming service, compared to rivals from giants like Disney and
Amazon, especially if we want the full experience with the best video and sound quality. So-called
'sub-accounts' and new ad-supported subscriptions will become the cheapest way to use Netflix3.
In addition to these measures, Netflix executives want to increase their presence in markets outside
the United States, where growth is stronger, producing more local content and improving the quality
of its series.
The company faces several potential ways forward:
• Remaining a pure Subscription video-on-demand (SVOD) player
• Introducing a second subscription tier with the Advertising video-on-demand (AVOD) model
• Opening sub-accounts to monetise the large segment of password-sharing users
In this context, it is worth evaluating the potential impacts each combination of products will have on
the company’s revenue stream. Please use the Excel workbook provided to do a quarterly revenue
forecast for Netflix from September 2022 to June 2025 under each scenario described in the
questions.
In each scenario, you can search for data to support your assumptions. This Wells Fargo Equity
Research report could be of great use.
Read the report
Please make you to reference your sources and to form your own views and not to simply "copy and
paste" from reports.
1. DISCUSSION ON FORECASTING TECHNICS
Before you build your own Revenue forecasts, please watch these two videos created by a someone who
used Netflix to teach forecasting using:
• Holt’s Method https://youtu.be/55_vmSIba3A, and
• Regression model https://youtu.be/089eZCuBhtg
In the written report, use bullet points to:
• highlight the main limitations in using these technics
• propose amendments to the methods to make them more appropriate to forecast Netflix’s
revenue
• This question does not have a spreadsheet component.
2. DISCUSS YOUR FINDINGS
In the written report, use bullet points to:
• Discuss your main findings
• Propose a way forward to the Netflix management
3. FINANCIAL MODELLING BEST PRACTICES
The use of financial modelling best practices in the revenue model, inputs and outputs will be
marked in this question.

Answers

Netflix, a leading online streaming platform, has successfully pivoted its business model multiple times to adapt to changing market dynamics. However, in the first quarter of 2022, the company experienced a decline in subscribers for the first time in a decade.

To address this challenge, Netflix is exploring new strategies, such as introducing an ad-supported tier and monetizing password-sharing users through sub-accounts. Additionally, the company aims to expand its presence in international markets and enhance the quality of its content. The task at hand involves evaluating the potential impacts of different scenarios on Netflix's revenue stream and proposing recommendations to the management.

Netflix's recent loss in subscribers and the prevalence of password-sharing users have prompted the company to consider new approaches. One option is introducing an ad-supported tier, allowing users to pay less in exchange for watching ads. This move aims to reignite subscription growth, especially in the more saturated US and Canada market. However, this would mean sacrificing one of the advantages of Netflix over traditional television—ad-free viewing. The potential impact of this shift on revenue needs to be evaluated.

Another strategy is to monetize the large segment of password-sharing users by opening sub-accounts. This would help Netflix capture additional revenue from households and individuals who are sharing their accounts with family and friends. By implementing measures to monitor account usage and offering sub-account options, Netflix seeks to maximize its revenue potential.

Furthermore, Netflix aims to expand internationally by producing more local content and improving the quality of its series. This approach targets markets outside the United States, where there is stronger growth potential. By catering to local preferences and enhancing content quality, Netflix expects to attract more subscribers and increase its revenue in these markets.

To evaluate the potential impacts of these strategies, a thorough revenue forecast is necessary. Various techniques can be employed, such as Holt's method and regression modeling. However, these techniques have limitations, and amendments must be proposed to make them more appropriate for forecasting Netflix's revenue. Additionally, financial modeling best practices should be followed to ensure accuracy and reliability in the revenue model, inputs, and outputs.

Based on the findings from the revenue forecast and analysis, recommendations can be made to the Netflix management. These suggestions may include a combination of strategies, such as introducing the ad-supported tier, implementing sub-accounts, and focusing on international expansion with localized content. The goal is to provide a way forward that maximizes revenue growth, addresses the challenges faced by the company, and aligns with its long-term objectives.

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which part of the business plan identifies plans for pricing policies?

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The proposed marketing plan identifies plans for pricing policies

A marketing proposal is a thorough plan outlining possible advertising, marketing, and brand-awareness initiatives for a potential client's company. It is written by a marketing firm or internal marketers, and it is addressed to company stakeholders. Plans for pricing policies should be part of any planned marketing strategy. Pricing is a crucial marketing component, and a smart pricing plan may help a company meet its financial and marketing objectives.

When designing pricing strategies, a proposed marketing plan should take into account elements including the target market, competition, production costs, and value proposition. The recommended pricing approach should be explicitly described in the plan and how it fits with the company's overall marketing goals and objectives.

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identify the lean enterprise technique in which the videotaping of a segment of the operation is helpful:

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The lean enterprise technique where videotaping a segment of the operation is helpful is Single-Minute Exchange of Die (SMED).

SMED is a systematic approach to reducing setup time in manufacturing processes, enabling production equipment to switch between product variants quickly and efficiently. The goal of SMED is to minimize downtime and improve productivity, allowing manufacturers to respond to customer needs and market demands more effectively.

Videotaping a segment of the operation is useful in the SMED process as it provides a visual representation of the current setup procedure, allowing for better analysis and identification of inefficiencies. By reviewing the recorded video, process engineers and operators can observe the sequence of events and pinpoint areas for improvement. This may include identifying wasted movements, redundant steps, or opportunities to parallelize tasks.

Once inefficiencies are identified, the SMED methodology aims to convert as many "internal" setup tasks (those that can only be performed while the machine is stopped) to "external" tasks (those that can be done while the machine is running). This minimizes downtime and improves overall production efficiency.

In summary, the lean enterprise technique in which videotaping a segment of the operation is helpful is Single-Minute Exchange of Die (SMED), as it enables teams to analyze and improve the setup process to minimize downtime and enhance productivity.

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